Colony Group LLC increased its holdings in shares of Honeywell International Inc. (NYSE:HON) by 68.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,073 shares of the conglomerate’s stock after acquiring an additional 9,352 shares during the quarter. Colony Group LLC’s holdings in Honeywell International were worth $4,084,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of the stock. AXA lifted its position in shares of Honeywell International by 2.5% in the 4th quarter. AXA now owns 842,858 shares of the conglomerate’s stock worth $149,186,000 after purchasing an additional 20,332 shares during the period. Janus Henderson Group PLC increased its position in shares of Honeywell International by 17.4% during the fourth quarter. Janus Henderson Group PLC now owns 3,721,794 shares of the conglomerate’s stock valued at $658,756,000 after buying an additional 551,364 shares during the period. Standard Life Aberdeen plc increased its position in shares of Honeywell International by 110.6% during the fourth quarter. Standard Life Aberdeen plc now owns 1,203,184 shares of the conglomerate’s stock valued at $212,964,000 after buying an additional 631,916 shares during the period. Covington Capital Management increased its position in shares of Honeywell International by 2.5% during the fourth quarter. Covington Capital Management now owns 58,522 shares of the conglomerate’s stock valued at $10,358,000 after buying an additional 1,453 shares during the period. Finally, BSW Wealth Partners increased its position in shares of Honeywell International by 40.9% during the fourth quarter. BSW Wealth Partners now owns 2,391 shares of the conglomerate’s stock valued at $423,000 after buying an additional 694 shares during the period. Institutional investors and hedge funds own 76.12% of the company’s stock.
Honeywell International stock opened at $129.65 on Thursday. The company has a current ratio of 1.34, a quick ratio of 1.10 and a debt-to-equity ratio of 0.59. The business’s fifty day simple moving average is $159.92 and its two-hundred day simple moving average is $170.37. Honeywell International Inc. has a 12 month low of $101.08 and a 12 month high of $184.06. The company has a market capitalization of $85.16 billion, a price-to-earnings ratio of 15.42, a price-to-earnings-growth ratio of 1.55 and a beta of 1.06.
Honeywell International (NYSE:HON) last issued its quarterly earnings results on Friday, January 31st. The conglomerate reported $2.06 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.02. Honeywell International had a return on equity of 32.21% and a net margin of 16.73%. The firm had revenue of $9.50 billion during the quarter, compared to the consensus estimate of $9.62 billion. During the same period last year, the company earned $1.91 earnings per share. The company’s revenue was down 2.4% on a year-over-year basis. On average, equities research analysts predict that Honeywell International Inc. will post 8.42 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Friday, February 28th were issued a dividend of $0.90 per share. The ex-dividend date was Thursday, February 27th. This represents a $3.60 annualized dividend and a dividend yield of 2.78%. Honeywell International’s payout ratio is presently 44.12%.
Several equities analysts recently issued reports on HON shares. Barclays reiterated a “buy” rating and set a $179.00 price target on shares of Honeywell International in a research report on Friday, March 13th. Credit Suisse Group reduced their price target on shares of Honeywell International from $195.00 to $190.00 and set an “outperform” rating on the stock in a research report on Monday, February 3rd. Daiwa Capital Markets upgraded shares of Honeywell International from a “neutral” rating to an “outperform” rating and set a $129.00 price target on the stock in a research report on Sunday. Zacks Investment Research upgraded shares of Honeywell International from a “hold” rating to a “buy” rating and set a $190.00 price target on the stock in a research report on Friday, January 3rd. Finally, Deutsche Bank boosted their price target on shares of Honeywell International from $189.00 to $199.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Five investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $178.93.
Honeywell International Profile
Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment supplies products, software, and services for aircrafts and vehicles. This segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and connected solutions and data services for the aftermarket, as well as provides wireless connectivity and management and technical services.
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